What’s surprising is that despite the severe turbulence caused by Coronavirus in the financial sector, people’s interest in investing in digital assets is increasing at a new pace.
In a world as changing as today, we are in presence of many more options in which we can invest and put our money to work. Of course, traditional options are still the safest, and in most cases, the most profitable ones. But over time, the world has witnessed a huge globalization process, managing to innovate basically all kinds of industries, and the investment world has not been left behind.
Everyone wants to save on their gains be it with fiat currency or cryptocurrency. But with the tax liabilities, it becomes quite difficult for the bitcoin holders to save on the profit they had earned from the BTC investment. The taxation on the bitcoin cryptocurrency varies largely from one country to the other. On the contrary, there are specific countries that do not impose any taxation on the bitcoin gains and are thus known as bitcoin tax free countries.
The optimistic digital finance trends underscoring increasing adoption of alt coin technologies occupied the headlines in the latest CryptoCurrencyWire news segment of the popular Wild West Crypto Show podcast and TV show.
If Bitcoin is currently priced at $15,840.40 per 1.0 BTC
How much is 0.0350000btc($551.00) worth if Bitcoin reaches $1,000,000?
Conservative alt-coin podcast hosts Drew Taylor and Brent Bates put their Texas roots on display in episode 131 of their popular Wild West Crypto Show, titled “Watching The Markets Is Like Watching Cow Patties Dry!”
The beginning of the year saw BTC hovering around US$7700 mark and at such times, the addresses of Bitcoin miners stood at 684,000 but back in the past, a significant rise of 981, 000 Bitcoin addresses certainly at the same time when prices were US$9500 specifies that BTC adoption betters when prices rise. That’s what happened on December 23, 2018, when BTC was trading at US$14,800, a time when the market was super bullish for BTC. At such times, the incentives related to mining significantly multiplied manifolds encouraging investments in BTC and retention. A good sign nevertheless for the miners since one mining activity roughly costs miners US$3,000 as we write this.
If you are searching for some cheap ways to buy bitcoin, you are in the right place. I will show you the free ways to get bitcoin and some of the cheapest places to buy or sell Bitcoin.
Cryptocurrency exchanges are websites where you can buy, sell, or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account. If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.
A payment gateway typically serves as an intermediary between the customer and the merchant, which securely transfers money from the account of the customer to the payment portal of the merchant. For exclusive usage between the seller and the buyer, a payment gateway encrypts (encodes for private usage) data between the user's browser and the retailer's server. Crypto payment gateways do the very same thing with cryptocurrencies. However, crypto payments are advantageous in many ways over the traditional mode of payment dealing with fiat currencies, as we will examine in this article.
Economic shockwaves at the epicenter of a global pandemic triggered at the Wuhan market in China have put the world economy in disarray. With 1.12 billion people forced to live in extreme poverty owing to considerable job losses, people are staring at their savings and counting on them for sustenance. But the sad part is that even savings are getting diminished with the problems like global lockdowns, fewer business opportunities ravaging corporates and businesses, and diminishing job openings to accommodate rising skill supply.
This week on the Wild West Crypto Show, hosts Drew Taylor and Brent Bates invited two special guests to talk about their experiences with “crypto staking.” Episode 129, titled “Markets Up After the Debate,” kicked off with Dan Schoen and Hart Simpson explaining the staking concept: how by simply holding cryptocurrencies to verify transactions and support a network, owners can earn rewards in the form of more cryptocurrency.